“Most theft is not external, it is internal…employee theft. I think that this is one of the obstacles in many owners minds about moving ahead with cameras. It’s hard to imagine somebody you know is actually stealing from you.
It’s up to ownership as to how they want to control theft, internal and external. But good controls like our video system have a very high return on investment…and that adds more to the bottom line profit.
A big plus is being able to watch your entire store from our office. Right now I’m watching activity on aisle 4. I’m watching my sales staff work. I’m watching patterns…these areas we have had issues with….our shrink is noticeably down.
Our core shrink is probably 4.5Lac annually (cost basis) which is quite a bit. We’ve made profit but I know if I can cut my shrinkage by a third, I can pay for the system. And that’s just for the first year. Years 2,3,4,and 5 would be gravy. That gives us more profit and more money to re-invest into our business.
Everybody likes to save money, but what you really get with our Video Survillenace System is peace of mind knowing we are protected 24 hours a day, seven days a week. We should have done this 2 years ago.”